High Touch Appraisal Service is experienced when you need appraisals for bank owned properties in North TexasThere are various appraisal problems when it comes to a house in foreclosure or one that has reverted to the institution's ownership. For a house in foreclosure, you need to know the difference between the fair market value and "quick disposition" value to know your possible charge-off liability. At High Touch Appraisal Service, we have the experience in both producing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline. We have the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact High Touch Appraisal Service. Owners of properties in foreclosure could be disinclined to allow an inspection of the home, thus presenting specific challenges. Often the houses have been vandalized, unfortunately at the hands of the residents. Or, it's likely you'll discover a house at least abandoned or the home languishing in disrepair for long of time. You'll be interested in a fast disposition if the home has gone back to bank owned. So you might want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work due to make the house marketable at full market value comparable with the other homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your time line and the specific circumstances of a bank owned house, as well as the specific information you'll need -- competing listings, market trends, and so forth. You can bank on High Touch Appraisal Service to take on the task of your REO professionally and efficiently. Contact us today. |